Reggie Fowler to plead guilty to running digital asset shadow bank
Reginald Fowler has told the court that he intends to plead guilty to charges of fraud, money laundering and running an unlicensed money transmitting business.
Latest Crypto Crime Cartel News
Ethereum developer Virgil Griffith sentence shows the technology is governed by law
Former Ethereum developer Virgil Griffith received a 63-month prison sentence for teaching North Koreans how to use digital currencies to evade sanctions.
Ethereum ‘stablecoin’ Bean goes from $1 to 19 cents after yet another code exploit
Ethereum-based stablecoin "Bean," from the Beanstalk Farms DeFi platform, proved not-so-stable this week as an attacker exploited code in a flash loan contract to siphon off around $182 in value.
Ethereum’s Virgil Griffith sentenced to over 5 years in US prison over sanctions violations, more indictments expected
Virgil Griffith had pleaded guilty in September 2021 to conspiracy to violate the International Emergency Economic Powers Act, the foundational statute which powers the U.S. sanctions regime.
Ethereum Forever: New protocol launch delayed once again
Leading Ethereum core developer Tim Beiko posted a response to a miner's question on Twitter last April 13, saying the upgrade date is unknown but definitely not in June.
Coinbase embraces altcoins as shares hit all-time low
There was a point in the not too distant past when Coinbase was far more cautious in choosing which tokens to list, a stance perhaps dictated by its decision to remain based in the United States.
World’s largest darknet market Hydra brought down, 543 BTC seized
Authorities from Germany and the United States have teamed up to bring down Hydra, with the DoJ bringing charges against a Russian national and sanctioning the linked Garantex exchange.
Bitcoin 2022 Miami: The ‘best’ BTC app?
Nothing takes place on BTC that turns investor dollars into revenue-generating goods and services since the only thing BTC sells—besides speculation—are dreams and narratives.
Kraken exchange not leaving its heart in San Francisco
Controversial ‘crypto’ exchange Kraken appears to be taking a page out of rival Binance’s playbook by making it harder for regulators to pinpoint exactly where the company calls home.
QuadrigAnon: Trust No One, especially conspiracy theorists
For dramatic purposes, the creators of the Netflix documentary, Trust No One: The Hunt for the Crypto King, chose to make the conspiracy theories surrounding Gerard Cotten’s demise the focus of their film.
BitMEX: Staff laid off in ‘strategic move’ following failed acquisition
The exchange laid off 75 people in a move sources say was orchestrated by founder Arthur Hayes despite stepping back after he was charged by U.S. authorities.
Short-sellers target Tether but danger lurks
The stability of the assets allegedly backing Tether is once again under the microscope after investors placed significant short bets against the controversial stablecoin.